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Category Archives: Bookkeeping

Bank Reconciliation: Purpose, Example, Process

When your business issues a check to suppliers or creditors, these amounts are immediately recorded on the credit side of your cash book. However, there might be a situation where the receiving entity expenses questions may not present the checks issued by your business to the bank for immediate payment. This way, the number of […]

Closing Entry: What It Is and How to Record One

Hospitable is one of the best short-term rental software because of its cool automated messaging feature. It comes with prebuilt templates for responding to a booking request, welcoming a guest at check-in, or saying goodbye. You can use them right away and even customize them however you like. What’s fantastic is that Hospitable uses AI […]

Accounts Receivable Automation Software

Reduce fraud and vendor impersonation with the most secure way to send invoices and payments and store documents. This guide highlights how AR automation solves 15 common challenges; it also shares the impact Versapay could have on a hypothetical enterprise. Accounts receivable automation delivers key CX gains and alleviates customer frustrations, boosting their attitudes toward […]

Bookkeeping Essentials For Construction Companies

A “mom-and-pop” small contracting business https://digitaledge.org/the-role-of-construction-bookkeeping-in-improving-business-efficiency/ might find success just running a hand ledger for some time. A contracting business that is working with a growing number of customers might want to think bigger and go digital. You can do it by hand, on a computer, or through the help of a third-party service provider. […]